Vector Group Ltd (NYSE:VGR) Director Bennett S. Lebow sold 100,000 shares of Vector Group stock in a transaction dated Tuesday, January 26th. The stock was sold at an average price of $22.65, for a total value of $2,265,000.00. Following the completion of the sale, the director now owns 1,627,241 shares of the company’s stock, valued at $36,857,008.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

VGR has been the subject of a number of research reports. Oppenheimer reiterated an “outperform” rating and issued a $27.00 price objective on shares of Vector Group in a research report on Friday, November 13th. TheStreet lowered Vector Group from a “buy” rating to a “hold” rating in a research report on Thursday, December 3rd. Finally, Zacks Investment Research lowered Vector Group from a “hold” rating to a “sell” rating in a research report on Wednesday, November 4th.

Vector Group Ltd (NYSE:VGR) opened at 23.32 on Monday. The stock’s 50 day moving average price is $23.16 and its 200 day moving average price is $23.53. Vector Group Ltd has a 52-week low of $19.64 and a 52-week high of $25.60. The firm has a market capitalization of $2.86 billion and a price-to-earnings ratio of 44.67.

Several hedge funds recently added to or reduced their stakes in the company. Eagle Asset Management raised its stake in Vector Group by 98.7% in the third quarter. Eagle Asset Management now owns 961,076 shares of the company’s stock valued at $21,728,000 after buying an additional 477,383 shares during the period. Blue Fin Capital increased its stake in shares of Vector Group by 2.3% in the fourth quarter. Blue Fin Capital now owns 17,071 shares of the company’s stock valued at $403,000 after buying an additional 383 shares in the last quarter. Hilton Capital Management increased its stake in shares of Vector Group by 4.9% in the fourth quarter. Hilton Capital Management now owns 506,597 shares of the company’s stock valued at $11,951,000 after buying an additional 23,650 shares in the last quarter. Quantitative Systematic Strategies acquired a new stake in shares of Vector Group during the fourth quarter valued at $303,000. Finally, Acadian Asset Management increased its stake in shares of Vector Group by 128.1% in the fourth quarter. Acadian Asset Management now owns 1,863,667 shares of the company’s stock valued at $43,965,000 after buying an additional 1,046,619 shares in the last quarter.

Vector Group Ltd. is a holding company engaged in the manufacture and sale of cigarettes in the United States through its Liggett Group LLC (NYSE:VGR) and Vector Tobacco Inc. (Vector Tobacco) subsidiaries; the sale of electronic cigarettes (e-cigarettes) in the United States, and the real estate business through its New Valley LLC subsidiary, which is seeking to acquire additional operating companies and real estate properties. The Company’s business segments include Tobacco, E-Cigarettes and Real Estate. The Tobacco segment consists of the manufacture and sale of cigarettes. The E-Cigarettes segment includes the operations of the Company’s e-cigarette business. The Real Estate segment includes the Company’s investments in consolidated and non-consolidated real estate businesses.

12 Month Chart for NYSE:VGR

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